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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Net loss $ (43,485) $ (98,700)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Loss on disposal of oil and gas properties   35
Accretion of asset retirement obligations 139 180
Depletion, depreciation, and amortization 56,818 51,995
Stock-based compensation 1,629 448
Deferred taxes (29,191) 19,588
Gain on disposal of bonds   (28,480)
Losses on derivative financial instruments 14,080 8,672
Settlements of derivative financial instruments 5,207 29,790
Impairment of oil and gas properties 33,413 35,570
Non-cash interest expense 4,571 7,581
Gain on warrants (3,088) (568)
Changes in operating assets and liabilities:    
Accounts receivable (6,851) 234
Prepaid expenses and other assets 833 (1,856)
Accounts payable and accrued expenses 9,371 (220)
Net cash provided by operating activities 43,446 24,269
Cash flows from investing activities    
Acquisition of oil and gas properties (113,726) (4,340)
Development of oil and gas properties (81,875) (39,382)
Proceeds from sales of oil and gas properties   16,174
Purchases of other property and equipment (13,142) (233)
Net cash used in investing activities (208,743) (27,781)
Cash flows from financing activities    
Proceeds from borrowings and related party borrowings 123,968 72,063
Payments on borrowings and related party borrowings (34,017) (134,697)
Proceeds from sale of common stock, net of offering costs   72,807
Proceeds from sale of preferred stock 77,800  
Cost to issue equity (3,296)  
Payments of debt issuance costs (2,685) (4,912)
Changes in other notes payable (3) (3)
Net cash provided by financing activities 161,767 5,258
(Decrease) increase in cash and cash equivalents (3,530) 1,746
Cash and cash equivalents, beginning of the period 6,068 4,322
Cash and cash equivalents, end of the period 2,538 6,068
Supplemental information:    
Cash paid for taxes 2,474 1,820
Cash paid for interest expense 20,389 23,691
Non-cash investing and financing activities:    
Asset retirement obligation 2,827 (24)
Increase in liabilities for capital expenditures 8,379 2,666
Cost to issue equity included in accounts payable   1,000
Preferred Stock    
Non-cash investing and financing activities:    
Stock issued for asset/business acquisition $ 10,795  
Common Stock    
Non-cash investing and financing activities:    
Stock issued for asset/business acquisition   $ 5,500